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Long

Long Biotech for Multi-Year Cycle

NASDAQ:IBB   ISHARES TRUST
IBB looks to have a just broken out of a 5 year basing pattern. The longer the base, the higher in space. I'm going long 3-5 year hold with sell target of >$400.

Comments

I saw the same thing. I was using this chart to get more history, while trading on the leveraged BIB ticker instead to get more exposure to the break out.
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